ZIP 85388 - 860Z200US85388 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 85388, located in the vibrant Surprise, Arizona area, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, offers a clear view of the population, income levels, housing costs, and cultural diversity in this growing community. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about living or working in ZIP 85388.

Population & Households

ZIP 85388 is home to a population of 35,003 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 10,446 households, reflecting a strong residential base. With 10,880 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate potential availability for new residents or investors looking to enter the market. The average household size here suggests a mix of families and smaller units, catering to a variety of lifestyles.

Income & Housing Costs

Financially, ZIP 85388 stands out with a median household income of $107,131, which is notably higher than many national averages. This suggests a relatively affluent community with disposable income to support local businesses and maintain a comfortable standard of living. Housing costs align with this income level, as the median home value is $420,000—a figure that reflects a robust real estate market. For renters, the median rent is $2,094 per month, indicating a premium rental market that could appeal to investors seeking steady returns. These metrics point to a stable economic environment for both residents and business owners.

Race & Ethnicity

The cultural makeup of ZIP 85388 is diverse, offering a blend of backgrounds that enrich the community. The racial composition includes 61.41% White, 6.02% Black, 2.31% Asian, and a significant 21.51% Hispanic population. This diversity fosters a welcoming environment for residents and businesses alike, supporting a range of cultural events, dining options, and community initiatives. For small-business owners, this mix can translate into a broad customer base with varied needs and preferences, while homebuyers may appreciate the inclusive atmosphere.

Key Facts

• Total population: 35,003 residents, offering a suburban community scale.
• Total households: 10,446, indicating a strong residential presence.
• Median household income: $107,131, reflecting economic stability.
• Median home value: $420,000, suggesting a competitive housing market.
• Median rent: $2,094, pointing to a premium rental opportunity.
• Diverse demographics: 61.41% White, 21.51% Hispanic, 6.02% Black, 2.31% Asian.
• Total housing units: 10,880, with potential availability for new occupants.

What This Means for You

For homebuyers, ZIP 85388 offers a financially stable community with a median home value of $420,000, which could be a worthwhile investment given the high median household income of $107,131. The slight surplus of housing units (10,880 total) compared to households (10,446) might provide some negotiating room, though competition could still be stiff in this desirable area. Real estate investors and agents will find the strong rental market appealing, with median rents at $2,094, suggesting good potential for consistent returns on rental properties. Small-business owners can benefit from the diverse population of 35,003 and the community’s disposable income, creating opportunities for niche markets, restaurants, or services tailored to varied cultural tastes. Analysts can use these metrics to benchmark ZIP 85388 against other areas, noting its economic strength and demographic balance as key drivers of growth.

Run This Study Yourself

• Curious about diving deeper into ZIP 85388 or comparing it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access detailed insights on population, housing, income, and more, tailored to your needs.
• Use the generated reports to make data-driven decisions for your next home purchase, investment, or business venture.